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$985,000
Est. payment /mo
8 Beds
4 Baths
6,252 Sqft Lot
UPDATED:
09/21/2024 11:43 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24196350
Bedrooms 8
HOA Y/N No
Lot Size 6,252 Sqft
Property Description
Excellent opportunity to own this four-plex income property in El Monte! Currently fully occupied property with great tenants. All units come with 2 bedrooms, 1 bathroom, 4 separate electric & gas meters, and 1 common water meter. Great potential for ADU out of the large courtyard. Property sale as is. A little TLC can absolutely turn it into a much more lucrative property. Conveniently located on Garvey Ave and near the 10 freeway, it is surrounded by plenty of shopping centers, restaurants, markets, and other amenities. The potential for revenue growth is abundant! Tenants are going through eviction process. Therefore, the unit will be vacant for you to do all the remodeling to the complex and rented out for current market value.
Excellent opportunity to own this four-plex income property in El Monte! Currently fully occupied property with great tenants. All units come with 2 bedrooms, 1 bathroom, 4 separate electric & gas meters, and 1 common water meter. Great potential for ADU out of the large courtyard. Property sale as is. A little TLC can absolutely turn it into a much more lucrative property. Conveniently located on Garvey Ave and near the 10 freeway, it is surrounded by plenty of shopping centers, restaurants, markets, and other amenities. The potential for revenue growth is abundant! Tenants are going through eviction process. Therefore, the unit will be vacant for you to do all the remodeling to the complex and rented out for current market value.
Excellent opportunity to own this four-plex income property in El Monte! Currently fully occupied property with great tenants. All units come with 2 bedrooms, 1 bathroom, 4 separate electric & gas meters, and 1 common water meter. Great potential for ADU out of the large courtyard. Property sale as is. A little TLC can absolutely turn it into a much more lucrative property. Conveniently located on Garvey Ave and near the 10 freeway, it is surrounded by plenty of shopping centers, restaurants, markets, and other amenities. The potential for revenue growth is abundant! Tenants are going through eviction process. Therefore, the unit will be vacant for you to do all the remodeling to the complex and rented out for current market value.
Location
State CA
County Los Angeles
Area South El Monte (91733)
Zoning Estimated
Exterior
Exterior Feature Stucco
Building
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $253
Acceptable Financing Cash, Conventional
Space Rent $1,050
Listing Terms Cash, Conventional
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Listed by John Tran • NextGen Team Realty
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